Number and
Deposits of BIF-Insured Banks Closed Because of Financial Difficulties,
1934 through 2001 1

Dollars in Thousands

Number
of Insured Banks

Deposits
of Insured Banks

Year

Total

Without
Disbursements by FDIC

With
Disbursements by FDIC

Total

Without
Disbursements by FDIC

With
Disbursements by FDIC

Assets

Total

2,100

19

2,081

$214,695,834

$4,298,814

$210,397,020

$254,814,129

2001

3

. . .

3

49,926

. . .

49,926

54,470

2000

6

. . .

6

311,950

. . .

311,950

378,088

1999

7

. . .

7

1,268,151

. . .

1,268,151

1,423,819

1998

3

. . .

3

335,076

. . .

335,076

370,400

1997

1

. . .

1

26,800

. . .

26,800

25,921

1996

5

. . .

5

168,228

. . .

168,228

182,502

1995

6

. . .

6

632,700

. . .

632,700

753,024

1994

13

1

12

1,236,488

.
. .

1,236,488

1,392,140

1993

41

.
. .

41

3,132,177

.
. .

3,132,177

3,539,373

1992

120

10

110

41,150,898

4,257,667

36,893,231

44,197,009

1991

124

.
. .

124

53,751,763

.
. .

53,751,763

63,119,870

1990

168

.
. .

168

14,473,300

.
. .

14,473,300

15,660,800

1989

206

. . .

206

24,090,551

. . .

24,090,551

29,168,596

1988

200

. . .

200

24,931,302

. . .

24,931,302

35,697,789

1987

184

. . .

184

6,281,500

. . .

6,281,500

6,850,700

1986

138

. . .

138

6,471,100

. . .

6,471,100

6,991,600

1985

120

. . .

120

8,059,441

. . .

8,059,441

8,741,268

1984

79

.
. .

79

2,883,162

.
. .

2,883,162

3,276,411

1983

48

.
. .

48

5,441,608

.
. .

5,441,608

7,026,923

1982

42

.
. .

42

9,908,379

.
. .

9,908,379

11,632,415

1981

10

.
. .

10

3,826,022

.
. .

3,826,022

4,859,060

1980

10

.
. .

10

216,300

.
. .

216,300

236,164

1979

10

. . .

10

110,696

. . .

110,696

132,988

1978

7

. . .

7

854,154

. . .

854,154

994,035

1977

6

. . .

6

205,208

. . .

205,208

232,612

1976

16

. . .

16

864,859

. . .

864,859

1,039,293

1975

13

. . .

13

339,574

. . .

339,574

419,950

1974

4

.
. .

4

1,575,832

.
. .

1,575,832

3,822,596

1973

6

.
. .

6

971,296

.
. .

971,296

1,309,675

1972

1

.
. .

1

20,480

.
. .

20,480

22,054

1971

6

.
. .

6

132,058

.
. .

132,058

196,520

1970

7

.
. .

7

54,806

.
. .

54,806

62,147

1969

9

. . .

9

40,134

. . .

40,134

43,572

1968

3

. . .

3

22,524

. . .

22,524

25,154

1967

4

. . .

4

10,878

. . .

10,878

11,993

1966

7

. . .

7

103,523

. . .

103,523

120,647

1965

5

. . .

5

43,861

. . .

43,861

58,750

1964

7

.
. .

7

23,438

.
. .

23,438

25,849

1963

2

.
. .

2

23,444

.
. .

23,444

26,179

1962

1

1

0

3,011

3,011

0

N/A

1961

5

.
. .

5

8,936

.
. .

8,936

9,820

1960

1

.
. .

1

6,930

.
. .

6,930

7,506

1959

3

. . .

3

2,593

. . .

2,593

2,858

1958

4

. . .

4

8,240

. . .

8,240

8,905

1957

2

1

1

11,247

10,084

1,163

1,253

1956

2

. . .

2

11,330

. . .

11,330

12,914

1955

5

. . .

5

11,953

. . .

11,953

11,985

1954

2

.
. .

2

998

.
. .

998

1,138

1953

4

2

2

44,711

26,449

18,262

18,811

1952

3

.
. .

3

3,170

.
. .

3,170

2,388

1951

2

.
. .

2

3,408

.
. .

3,408

3,050

1950

4

.
. .

4

5,513

.
. .

5,513

4,005

1949

5

1

4

6,665

1,190

5,475

4,886

1948

3

. . .

3

10,674

. . .

10,674

10,360

1947

5

. . .

5

7,040

. . .

7,040

6,798

1946

1

. . .

1

347

. . .

347

351

1945

1

. . .

1

5,695

. . .

5,695

6,392

1944

2

.
. .

2

1,915

.
. .

1,915

2,098

1943

5

.
. .

5

12,525

.
. .

12,525

14,058

1942

20

.
. .

20

19,185

.
. .

19,185

22,254

1941

15

.
. .

15

29,717

.
. .

29,717

34,804

1940

43

.
. .

43

142,430

.
. .

142,430

161,898

1939

60

. . .

60

157,772

. . .

157,772

181,514

1938

74

. . .

74

59,684

. . .

59,684

69,513

1937

77

2

75

33,677

328

33,349

40,370

1936

69

. . .

69

27,508

. . .

27,508

31,941

1935

26

1

25

13,405

85

13,320

17,242

1934

9

. . .

9

1,968

. . .

1,968

2,661

1
Does not include institutions that received FDIC assistance and were
not closed. Also does not include institutions insured by the
Savings Association Insurance Fund (SAIF), which was established by
the Financial Institutions Reform, Recovery, and Enforcement Act of
1989.